Tag Archives: Capitalism

ENDNOTE: True “capitalism”, not the “crony”, not “public private partnerships”; just success and failure!

http://www.ted.com/talks/hans_rosling_and_the_magic_washing_machine.html

Khürt Williams
Jan 31, 2013
What was the greatest invention of the industrial revolution? Hans Rosling makes the case for the washing machine. With newly designed graphics from Gapminder, Rosling shows us the magic that pops up when economic growth and electricity turn a boring wash day into an intellectual day of reading.

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Yeah, the “War on Women” continues!

This is about allow human the freedom to “be all they can be”. 

True “capitalism”, not the “crony” <synonym for excrement> we have today, is about making everyone “free” to pursue their dreams. 

What we fail to realize is that “the rich” being as greedy as they can be ENABLE the human race to benefit.

SOOoo instead of figuring out how to make the world a better place, they are turned into folks trying to figure out how to keep what they got.

Argh!

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ENDNOTE: Yes, it’s ALWAYS the Gooferment’s fault; unless it’s giving women the Vote

Dear Jasper John,

After reading about how Yonkers proved Socialism is a failure I’ll look for you to do the same for Capitalism by citing the JP Morgan fiasco.

(but I know that you can conjure up some way of blaming the government for the big loss)

In your world business is sacrosanct.

http://www.bloomberg.com/news/2012-05-11/jpmorgan-loses-2-billion-as-mistakes-trounce-hedges.html

JPMorgan Loses $2 Billion on Unit’s ‘Egregious Mistakes’ (Update 1)

Sincerely yours,
Donald M Stebbins
BS 1961

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Stebbins, Donald M. (MC1961)

[JR: I responded, but in the interest of not monopolizing the conversation, I moved it to this week’s ENDNOTE. Thanks for the “gift”, I was running out of ideas.]

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2012-May-13

Dearest Jasper Stebbins:

Thanks for “tee-ing” this softball. Now let me hit it out of the park!

Of course, this is the Gooferment’s fault, but probably NOT for the reasons you think.

They have permitted the “moral hazard” to exist. And, because imho, it suits the politicians’ and bureaucrats’ purposes, Big Banking has been permitted and encouraged to exist.

Politicians like easy “campaign contributons” and Big Banks are their own little slush fund. Look how many Big Banks and their executives give to BOTH parties. Can you say “advance auction of future favors”? Bureaucrats “love” Big Banks because it gives them a job “regulating” them and then future employment after “gooferment service” to feather their nests. Look at Bush43’s and BHO44’s Treasury Departments, any wonder why Goldman Sach’s was a big winner in all the bailouts?

That’s corruption. And not a “free market” by any stretch of the imagination.

And, the political class likes it just fine. Screw “Main Street”; it’s “Wall Street” that donates.

It’s not “Business” that is sacrosanct; it IS “GREED” that is.

Capitalism, raw naked greed, has done more for “human progress” that any other meme. And, I’d include “Christianity” or “Catholicism” in those memes considered for corination as MIM (most important meme). It induces irrascible, uncooperative, and generally unruly human beings to cooperate without force or “slavemasters / overseers”. Greed, singlehandedly, drives mankind to work itself / themselves harder than any King or Cross. Midnight oil is expended liberally in the drive to be the next Zukenberg.

Look at the Third World, it’s only their acceptance of corruption and the value that they place on women and children that allows us to stay ahead of them. Human energy is driven when given a goal.

Anyone who doubts human ingenuity need only look at America’s prisons where drugs, cell phones and other “contraband” are freely available and cigarettes are “money”. Then tell me about Greed and the American drive to succeed?

It was only when the country turned Socialist by giving women the right to vote that “we” (the collective) began to lose our way.

(I’m popular at family functions when I link the “women’s right to vote” to “Prohibition” to “Organized Crime” to the “(pseudo) War on (some) Drugs” to the rise of the “Fascist State in Amerika”! Proabably as popular with the womenfolk as I am with you!)

Prohibition, The Federal Reserve, the Income Tax, Gooferment Skrules, and all the subsequent implementations of Socialist meme in the new Amerika have DESTROYED the American Experiment in “republican (little R) self-government”.

So I’d urge that we reject the current scheme of “Socialist Capitalism” and get back “to raw naked Greed”!

Let folks in biz FAIL! Miserable, big time, not bailouts. Let the Zuckenbergs of the future swing for the “fences” at their OWN peril.

When some of them fail, let us CELEBRATE and APPLAUD as they spin, crash, and burn in a “death spiral” to bankruptcy and poverty.

But, when they win, let the keep it ALL.

No meme advances the collective good better, faster, and cheaper that Capitalism.

No Gooferment welfare; private charity. No bailouts; bankruptcy. No social engineering; let people grow however they see fit. No Gooferment “safety net” that traps people into perpetually poverty and moral bankruptcy.

Sigh.

It seems so simple to me? Guess I just really don’t understand. 

But I want “flush toilets” and don’t mind playing plumbers outrageous rates at 3AM to make it work. Never saw a poor plumber. And some of them are really smart nice guys. 

Unlike some of those snooty Jaspers from up the hill that look down on the barbarians in Fanny Farmer.

Thanks for the “gift”, I’m sure you’ll say I just do NOT understand, like the fat old white guy injineer from Fannie Farmer Land I am.

fjohn68

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